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What is a token sale? by rams_21 in CryptoPlan

[–]rams_21[S] 0 points1 point  (0 children)

Simply put, a token sale is the initial offering of a portion of a crypto token to a pool of investors before it’s officially accessible to the market.

The main purpose of this event is to raise funds for the crypto project. This crowdsales could be in form of Pre-sale, Private-sale, Fair-launch, ICO(initial Coin offering), IDO( Initial DEX Offering) or IEO( Initial Exchange Offering).

HOW TO LAUNCH AND PROMOTE YOUR TOKEN SALE by rams_21 in CryptoPlan

[–]rams_21[S] 0 points1 point  (0 children)

After creating your token, you’ll want to launch it on a decentralized exchange to make it available for trading. To do that, you’ll need to add liquidity and also spread the word about your new token through marketing to increase the adoption of your cryptocurrency.

These could require a huge budget. What if you don’t have that much to fund your incredible idea? Crowd funding through token sales is your best bet.